Brian Baine Permitted to Resign by Northwestern Mutual Investment Services

Brian Baine (CRD #: 1355980) was permitted to resign by Northwestern Mutual Investment Services. This disclosure appears on his BrokerCheck record, accessed on September 8, 2025. Keep reading if you have questions. 

Regulatory Action 

On July 1, 2025, Brian Bain entered into an Acceptance, Waiver, and Consent agreement in which he consented to the entry of findings that he signed or caused a third party to sign the signatures of non-securities customers, including senior customers, on insurance-related documents without the customers’ permission. 

As part of the terms of the AWC, he consented to a three-month suspension and a $5,000 fine. You can read a copy of the AWC here. 

Employment Separation After Allegations 

On September 18, 2023, Northwestern Mutual permitted Brian Baine to resign while under internal review for suggesting clients sign non-variable life insurance policy documents on behalf of their family members. The firm further alleged Brian Baine sent life insurance policy documents containing confidential customer information to his wife, who is not affiliated with the firm. He allegedly instructed his wife to sign documents on behalf of himself as well as customers. 

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Instructing family members to sign documents on behalf of customers would violate this rule. 

Background Information 

Brian Baine has passed the following exams: 

• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 55 National Commodity Futures Examination 
• Series 3 National Commodity Futures Examination 
• Series 7 General Securities Representative Examination

He has registered with the following firms: 

• Northwestern Mutual Investment Services (CRD #: 2881)
• Constans Crescent Global (CRD #: 134848) 
• McMahan Securities (CRD #: 22123) 
• Lehman Brothers (CRD #: 7506) 
• Lehman Government Securities (CRD #: 19655) 
• Lehman Special Securities (CRD #: 7242) 
• Saloman Brothers (CRD #: 740) 

Kurta Law Can Help

If you worked with Brian Baine and have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.